It can be challenging to pick the financing model … Non Dilutive Funding For Startups .
Get up to a year of upfront capital instantly, providing you the flexible funding you require to grow your service and scale. We offer the required funding you require at that moment. Within 24 hours, we evaluate the funding required and deposit it immediately to your account.
Capchase deals with these users and organization types: Mid Size Organization, Small Company, Enterprise, Freelance, Nonprofit, and Government.
what’s better owning 100 of a 10 million
company or 15 of a 100 million dollar
company the answer how about the best of
you’re right with standard financing
that’s not really an option previously
keep your 100 with cap chase we use information
to make funding faster fairer and more
versatile based upon your future
predictable revenue and after that we cover it
all up with a single transparent charge
so let’s get this celebration started at
There is always a time when a start-up’s creators, senior management team, and top finance executives evaluate techniques for how to scale the company to the next level and catalog what’s required to do that effectively. Protecting financing at an early stage can accelerate development and result in quantifiable and achievable success. Ultimately, financing managers and the strategic planning team have to choose the right financing source to assist the business reach its goals.
that management sets for the company. Weighing the dangers and competitive risks in a well balanced and intelligent method is important as it can decide the future of your business The ramifications of selling equity, managing irregular cash flow, rates of interest motions, and the requirement to make prompt payments to lenders are amongst the aspects to consider, simply to name a few.
That said, with the increase of brand-new and more sophisticated funding choices that put business interests of start-ups and midsize business first, there’s normally a way to figure out an option that’s a good fit. It is essential to investigate the different funding options that are available to a company’s founders, management accounting professionals, and finance officers and what considerations they need to make for both the long and brief term.
Lobo here co-founder at traction and boast AI thrilled to host Miguel Fernandez co-founder and CEO of capchase a service provider of non-dilutive development capital for repeating Earnings companies basically assisting business grow without giving up that precious Equity you took so long to build Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s great to be here yeah I’m really thrilled to share more awesome I’m thrilled to enter your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you consider from what I understood you’re a first time founder very first time creator it resembles you hit a crowning achievement out of the park out of the gates I enjoy it man that’s incredible well as soon as they won you know like it’s never the Home Run never ever like never ever counts until the game is over right basically so so so yeah um we are 4 co-founders you understand and it’s funny due to the fact that we’ve all fulfilled through first as pals you understand and then as co-founder so uh there’s 3 of us that interact at the exact same SAS company in in Spain so we all joined when it was extremely early I signed up with as the first individual in sales and there are two individuals joined us that as product supervisors essentially and we see the business from no to a couple of million err over 3 years and then we left um at the same time roughly I went to service school and I went to business school on the other one went to do a stint in VC with the objective of going to organization school later on so when I go to organization school I I got into into Harvard and you understand I was very thrilled about it my whole goal was to go there to read more about how to end up being a founder and then hopefully release something upon graduation and the one that I landed there I was investigating currently a concept with among these co-founders and it was genuine concept it had absolutely nothing to do or really little to do with what we’re doing now however you understand that was the start of the journey and the newbie Journey or the Insight that we had was that hey there are in certain verticals there are a great deal of consecutive payments you know and circular payments in between companies and right now you simply need to wait on that sequence to develop or you know like there’s no one streamlining those circular payments so we considered hi why don’t we do something comparable to like a split sensible or companies in verticals such as you understand fried or Logistics or building you know you have a ton of parties that need to wait on different payments like they’re all associated with one way or another so imagine you have a platform and then you have company a post Business B 100 and Company B House Company c a hundred dollars in reality with this platform what would happen is a business.
a would pay a hundred the platform Company B absolutely no they would get they would pay absolutely no or get absolutely no and after that business C we get a hundred dollars so when we’re speaking with large companies they all enjoyed it however it was the typical like cold start issue I’m like hey this is fantastic when everyone’s in the platform however up until then it’s it’s pretty difficult to get people to do anything so it was everything about hey how do we get more information how can we sort of kick start this platform um without using the platform to start with so it was all about getting more information and to get more data we got to two conclusions it resembles we either get information through using an Analytics tool a workflow tool or we provide a funding we have a funding and we get the data or individuals provide us data in order to get financing so you know we started doing that like checking out increasingly more and more and after that what we need what we saw is that we knew more about sales than anything else we were really interested in fintech and specifically in funding and you know like we would take a look at various modes various verticals and so on for 2 weeks at a time if we discovered enough things we would go for 2 more weeks if we didn’t would cut it and after that in January 2020 we had the the concept you understand which is amusing of using this this SAS companies at all so they might extend terms to the customers but always get the cash up front so we’re solving the funding payment properties companies have which is they have upfront costs to obtain clients and after that they earn money months of the month right so to prevent that cash card that every SAS business deals with and that we dealt with in the past in the previous experience the objective was to give them a tool so they might state to the consumer hey look the price is 100
annually and if you want to pay regular monthly great use capshase you understand um and then Founders enjoy that they were like hey men this is amazing this is the Holy Grail of SAS due to the fact that I need to do discount rates so my ACV boosts and I can close sales quicker because I’m providing flexible payment terms so it’s like the Holy Grail you understand you increase ACV you decrease cell cycle usually it’s like a compromise you understand and after that the next thing they stated was like hey why don’t I do this for all my client base instead of for every new client that I get right so why do not I do this for my 300 customers instead of doing it for the internet for the 10 new consumers I get months of a month so then we saw what they wanted was to convert their ARR or the consumer base into in advance funding to be less dependent on Equity as I said the beginning yeah fine this is what we’re going to begin with and then we’re going to discover a lot so we’re gon na do the rest afterwards and that’s when the 4th co-founder joined who has a pal at HBS and after that guy we started working on it like crazy and and dropped out what is your long-lasting Vision so it started with you understand you arrived on this hate you if you’re resting on ARR we understand the business’s uh churn we know the company’s retention gross margins And so on so I can take their ARR and provide them up front x times times x ARR or times x mrr but what is a long-lasting vision of of the company so for us it’s it’s it’s or it’s all around SAS companies right like we just method with such companies deliberately right so we withstood the
desire to work and go with financing you understand with any vertical we only deal with SAS so our goal is to develop several products for SAS so we start with funding and it’s excellent since business really count on us we truly like a partner and we we help them to not just get funding but work better in a more effective way and through that we’re finding you understand chances to broaden you understand in the deal of a SAS product